Description

Exelon’s $700 Million Battery Opportunity Adds A New Grid Catalyst!

Exelon Corporation reported second quarter 2026 adjusted operating earnings of $0.43 per share, aligning with expectations, and reaffirmed full-year guidance of $2.81 to $2.91 per share. The company continues to prioritize providing safe, reliable utility services while managing investments and costs amid increasing weather-related challenges. ComEd, one of Exelon’s utilities, encountered 16 major weather events this year, including severe storms that impacted over half a million customers. Despite these disruptions, Exelon’s focus on grid resilience enabled restoration of power to 90% of affected customers within 48 hours. The company’s utilities are positioned in the top quartile or decile for reliability metrics, contributing to an estimated $1 billion savings in avoided outage costs in 2025 and a decline of nearly 2 million annual customer interruptions since 2021. Regulatory activities remain active, with ongoing rate cases across Pepco Maryland, Delmarva Power in Delaware, BGE in Maryland, and ComEd in Illinois.